Above is the progress of me reaching my targeted financial goals for January 2023. The total value of my financial assets increased from 61.64% to 64.02%. The increase was attributed to the increase in overall value of my stock portfolio in January 2023. If you wonder how I compute the total value of my financial assets, they are:

• Insurance savings (NTUC RevoSave)
• Savings accounts (POSB, OCBC, CIMB)
• Singapore Savings Bonds
• Current value of my stocks (My Stock Portfolio)
• Supplementary Retirement Scheme

Insurance Savings In this section, let me share on the savings I have related to insurance. I used to have cash stashed away in Singlife, Dash PET and Dash EasyEarn. They are alternative to traditional savings accounts whereby they used to offer higher interest rates as compared to traditional bank savings accounts. The recent interest rates hike have turned the tables around whereby bank savings accounts can offer higher interest than these insurance products. Last year,...